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Preparations have been underway in Tunisia to hold the 17th session of the Egyptian-Tunisian Joint Higher Committee in line with Egypt’s vision to strengthen regional, economic, and technical…
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The European Bank for Reconstruction and Development (EBRD) raised its forecast for Egypt’s GDP growth during the current financial year 2021/2022, ending in June – to 5.7 percent from the 4.9 percent…
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The signing ceremony for a Memorandum of Understanding (MoU) to set up a project to annually produce 300,000 tonnes of green ammonia from green energy inside the Suez Canal Economic Zone (SCZone) in…
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Egypt's annual inflation rate hiked to 14.9% in April 2022, compared to 4.4% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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The Ministry of International Cooperation and the European Union (EU) signed on a number of development financing agreements worth €138m.
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The Engineering Council of Egypt (EEC) is organising a commercial mission to Angola from 27 June to 1 July that aims to increase exports and access to the African market, which is considered one of…
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Nigerian airlines are to suspend all flights from Monday over rising jet fuel prices, an umbrella organisation of operators said on Saturday.
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Analysts at BNP Paribas expect the Central Bank of Egypt (CBE) to increase interest rates by 200 basis points (bps) in an emergency meeting this week ahead of the scheduled meeting on 19 May,…
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After a nine-day holiday due to Eid El-Fitr and Labour Day celebrations, Egypt’s banking sector resumed work on Sunday amid calm as the Egyptian pound remained stable despite the US Federal Reserves'…
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The National Bank of Egypt (NBE) — in its capacity as a financing agent — and the Agricultural Bank of Egypt (ABE) — in its capacity as a guarantor — signed a joint loan contract for the benefit of…
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